The Influence of Electric Car Sales on Company Finances in the Automotive Field

English

Abstract

This study examines the impact of electric vehicle sales on the financial performance of companies in the automotive industry. With the growing adoption of electric vehicles, companies must adjust their financial strategies to adapt to market changes. This study analyzes the financial statements of PT ABC Tbk from 2021 to 2023 using profitability, liquidity, and solvency ratios. The results indicate that electric vehicle sales contribute to increased ROA and ROE, stable Current Ratio, and a decrease in Debt-to-Equity Ratio (DER), reflecting improved financial resilience. The Interest Coverage Ratio (ICR) also improved, indicating efficiency in debt management. In conclusion, the transition to electric vehicles positively impacts corporate financial stability, offering significant growth opportunities in the future.

Keywords: Electric vehicles, profitability, liquidity, solvency, financial perfomance